Minimum Invested amounts
Question
I have $30,000 to invest. What is the minimum amount that you have to keep invested and can you take out your entire investment at any time without penalty? - Submitted by chris
Answer
Each portfolio has a minimum investment amount of $10,000 (the exception is the Investsmart Interest Income Portfolio).
If you have multiple portfolios, you'll need the minimum of $10,000 to keep each open.
Example:
You have one portfolio the InvestSMART Property and Infrastructure so your minimum is $10,000.
You have two portfolios, InvestSMART Property and Infrastructure and the Investsmart Interest Income Portfolio so your minimum is $10,000 in each, so the total miminum is $20,000.
You can withdraw your funds at any time. You'll only pay brokerage to do so.
See previous Q+A's below:
Can I withdraw funds at any time? - Ask The Experts - InvestSMART
Is there a lock in period for investing like a term deposit? - Ask The Experts - InvestSMART